Project Details
CountryIsrael
LocationThe Mediterranean Sea
Terminal TypeLiquefaction (Export)
Rig TypeFLNG
Capacity4.6 mtpa / 6.25 bcm
Trains-
Start Date01-Jan-2029
Cost (US$bn)2.36
Origin-
Destination-
OwnersChevron [Operator] {United States}, NewMed Energy Limited Partnership {Israel}, Ratio Energies Limited Partnership {Israel}
Buyers-
Status Notes
January 2026 - Chevron has taken FID for the project; April 2024 - Chevron and NewMed Energy expected final investment decision on the project in 2024; July 2023 - Chevron Corporation and its projects partners in the project have announced their plans to construct a third pipeline in order to increase production from the gas field; February 2023 - NewMed Energy, Ratio Energies and Chevron is planning to develop a new floating LNG terminal
Last reviewed: 23 Jan 2026